Industry
UK - Lex approached private equity for buyout
According to reports, the management of car leasing company Lex is looking for private equity houses to back a management buyout from Lloyds Banking Group.
ITALY - Law firms form CBA Studio Legale e Tributario
The two law firms Camozzi & Bonissoni Verrenti & Associati and Studio Associato LCA have merged to form CBA Studio Legale e Tributario.
SWEDEN - Altor and Bure bid for Carnegie
According to reports, Nordic buyout houses Altor Equity Partners and Bure Equity are in negotiations to acquire Carnegie, the investment bank which has been under the ownership of the Swedish Government since November last year.
EUROPE - McCreevy remains vague about PE regulation
According to reports, EU Internal Market Commissioner Charlie McCreevy still has reservations about regulating private equity firms, despite heavy pressure from MEPs and earlier promises made by European Commission President JosУЉ Manuel Barroso.
UK – Denham Capital presents unsolicited offer to Polo
Market rumour suggests that Denham Capital Management LP has approached coal mining firm Polo Resources Ltd regarding a potential acquisition, with the offer said to fail to reflect the value of the companies assets.
UK - Prices steady, deals down
According to the latest Private Company Price Index (PCPI), produced by accountancy firm BDO Stoy Hayward, sales of privately owned mid-market companies in the UK declined in Q4 2008 but prices remained stable.
NORWAY - Government supports Argentum with NOK 2bn
Government-backed Norwegian LP Argentum has received NOK 2bn from in additional equity from the Norwegian government.
UK - National Accident Helpline back on the market
LDC has put legal services company National Accident Helpline back on the market following a failed attempt to sell the business last year.
Back to the future
As the private equity market waived a welcome goodbye to a difficult 2008, unquote" spoke to five industry professionals to get their views on what could be in store in the coming year; in terms of dealflow, fundraising, debt availability and the increasing...
Some sunny day...
Following a near barren second half of 2008, which saw an almost complete drying up of debt financing amidst a collapse in the global banking sector, buyout houses will now be looking optimistically to the year ahead. However, it may be some time before...
Q&A: Weathering the 'perfect storm'
Following an almost doubling of activity in the German small- and mid-cap segment January and September 2008, the financial crisis finally began to take its toll on the space in the final quarter. Mareen Goebel speaks with Andreas Schober , vice-chairman...